’ s repository of research publications and other research outputs The macroeconomics of shadow banking Other

@inproceedings{Botta2016SR,
  title={’ s repository of research publications and other research outputs The macroeconomics of shadow banking Other},
  author={A. Botta and Peter Skott and Photis Lysandrou and Dimitris Sotiropoulos and Maria Nikolaidi and Catalin Dragomirescu-Gaina},
  year={2016}
}
In this paper, we propose a simple short-run post-Keynesian model in which the key aspects of shadow banking, namely securitization and the production of structured finance instruments, are explicitly formalized. At the best of our knowledge, this is the first attempt to broaden purely real-side postKeynesian models and their traditional focus on… CONTINUE READING